Will this property tax succeed in catching up with real estate prices? – Chosunbiz

Where is the real estate market where political uncertainty has disappeared with the announcement of the government's recommendation on the revision of the reserve tax system?

Many real estate experts are waiting for a relaxed atmosphere with no trade at the moment.

On the 6th, the government increased the tax rate on households with an income tax rate of 60,000 ~ 1.2 billion won from 0.75% to 0.85%, and on the other hand,

The industry responds that it is lukewarm than expected. In the case of housing, it is about 2.3-3.3 billion won in terms of market value.The actual tax burden is not very important because the l & # 39; increase in the annual tax rate is several hundred thousand won. The number of multi-homestay households (1.9 billion won / 2.9 billion won), or 600 to 1.2 billion won, shows that the annual tax burden is several million won, which will not be a burden of several hundred million won a year.

Park Won-gab, a member of Kookmin Bank's Real Estate Commissioner, said: "As a whole, the multi-learner is a person who has a lot of experience," It seems like some multi-family residents Will register for a rental unit or donate to their children to avoid the tax burden. "

The market is also likely to shrink for the time being.A similar phenomenon occurred when the Roh Moo government -hyun announced its intention to introduce property taxation through the real estate policy of October 29, 2003. According to KB Kookmin Bank, real estate sales increased by 10.43% between the beginning of 2003 and the end of October, while Seoul grew by 11.9% from the end of October to the end of December .The pharmacy policy was eaten for a while.

Koh Joon-seok, director of the Center real estate investment consulting firm Anch Shinhan, said: "There will be a psychological contraction due to the increase in the tax base," he said.

In the long run, it is thought that the reaction to the increase in the tax base will appear. In 2005, the government reduced the price of taxable households from $ 900 million to more than $ 600 million through the policy of August 31, 2005. In 2006, the selling price of the apartment increased by 13.75 % and that of Seoul 24.11%.

Shim Kyong-hak, a professor at the Department of Real Estate of Konkuk University, said: "A new housing market in a working clbad neighborhood" As the property tax is imposed after the end of the balance , the increases in the tax on housing are not relevant at the moment, and apart from that, the housing price regulation of the Housing Urban Guarantee Corporation (HUG)

Hah Young-jin, a Vice President of Big Data, said: "While the current real estate market should continue to decline and the contraction in demand will continue until the end of the year, given the preference of buyers who pbad from the existing market to the presale market, The revision of the tax system on the property tax considers a resident, so that the phenomenon of concentration on the "unilateral" will become clearer. "